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Property profile & analytics
FOR LEASE
Parking lots & garages

7421 W 10Th St Indianapolis, IN 46214

5,990 SF 0.73 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
Property ID
US31-0739401
Property summary
AI-generated overview

This exceptional retail outlot, located at 7421 W 10th St in Indianapolis, Indiana, presents a unique investment opportunity. Situated on a one-acre lot in Marion County, this property offers flexible space options ideal for a variety of retail or restaurant uses. The site allows for build-to-suit development or a ground lease arrangement, catering to specific tenant requirements. Multiple tenancy is possible, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 6,900 square feet. While the listing mentions a range of 1,200 to 10,000 square feet, the actual buildable space is subject to the final design and lease agreement. The property's prime location in Indianapolis, with its convenient access and high visibility, makes it an attractive prospect for businesses seeking to establish a strong presence in a thriving market. The 46214 zip code boasts a robust consumer base and significant foot traffic. This is an excellent chance to secure a prominent location for a new retail venture or expand an existing business. Interested parties are encouraged to contact us to discuss build-to-suit options and ground lease terms. The property is ready for immediate development or lease.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1973
Construction WOOD FRAME
Total area 5,990 SF
Lot 0.73 ac (31,929 SF)
Zoning code ZO01
APN 49-12-03-113-003.000-982
UPID US31-0739401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
GLENDALE PARTNERS
GLENDALE PARTNERS
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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